Torrent Pharmaceuticals Limited — QIP/Rights/Pref., 20-06-2025: Issue of Securities

Torrent Pharmaceuticals has issued unsecured commercial papers worth ₹200 Cr at a 5.95% annual interest rate, maturing in 90 days. The interest is paid upfront, and principal will be repaid on maturity in September 2025. These commercial papers will be listed on the National Stock Exchange. The proceeds are likely aimed at managing short-term liquidity or refinancing but no specific use of funds was detailed.